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Crypto and Stocks News
Exclusive: Facebook revenue rises 48%, users slightly below expectations
Facebook smashed expectations on both earnings and revenue in Q1, and the stock is up about 5% after hours.Read more
MARKET INSIDER Stocks making the biggest moves in the premarket: Alphabet, Spotify, Pinterest, Shopify & more
Take a look at some of the biggest movers in the premarket:Read more
What we have learn from Tesla's Bitcoin Bet?
They're arguably the two biggest business names on the planet: Bitcoin and Elon Musk. So when the [hotlink]Tesla[/hotlink] CEO disclosed in the Q1 earnings release on April 26 that the EV-maker had booked a fat gain by selling part of the Bitcoin horde it famously amassed early this year, the Twitter-sphere erupted. Bitcoin skeptic Dave Portnoy, the celebrity blogger, ripped Musk for perpetrating a con. "So am I understanding this correctly? He pumps it. It goes up. Then he dumps it and makes a fortune," tweeted the founder of Barstool Sports. Bitcoin fans fretted that Musk was souring on the signature token he'd done so much to promote.Read more
GameStop to Be Debt-Free SOON, Adds 551$ Million to Coffers
GameStop (NYSE:GME) is clearing the decks in preparation for its transformation into an online-oriented video game supercenter.Read more
Microsoft (MSFT) Q3 2021 Earnings Call Transcript
Greetings, and welcome to the Microsoft fiscal-year 2021 third-quarter earnings conference call. [Operator instructions] And as a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Brett Iversen, general manager, investor relations. Thank you.Read more
More than 4 million barrels in US crude supplies reports API
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 4.3 million barrels for the week ended April 23, according to sources. The data also reportedly showed gasoline stockpiles down by 1.3 million barrels, while distillate inventories declined by 2.4 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, were up by 742,000 barrels for the week, sources said.Read more
Binance NFT Revealed: A Groundbreaking NFT Marketplace Experience
Binance NFT will be the world’s leading NFT marketplace and a premier destination for art and digital collectibles across mediums, from visual arts and gaming to music and sports.Read more
Coinbase brought BTC to WallStreet - That doesn't make crypto legit!
All eyes in the bitcoin world and beyond were on Coinbase on April 14 when the firm became the first cryptocurrency platform to go public.Read more
Musk: We sold Bitcoin to Prove Liquidity as Cash Alternative
Elon Musk said Tesla Inc. sold 10% of its Bitcoin holdings to demonstrate the token’s liquidity, while adding that he’s retained his personal investment in the cryptocurrency.Read more
Exclusive: Tesla Q1 earnings blow estimates - Dumping Bitcoin for 101 million profit
Tesla (TSLA) posted first-quarter profit that handily exceeded estimates, with the results dovetailing the record deliveries the electric vehicle-maker reported during the first three months of 2021. However, first-quarter revenue came up slightly short of expectations, and shares dipped by about 1% in late trading.Read more
Research:Is Coinbase Stock A Buy Right Now As Bitcoin And Ethereum Surge?
As the popularity of cryptocurrencies — especially Bitcoin and Ethereum — surges, Coinbase Global (COIN) is at the forefront of the cryptocurrency industry. After the company's hyped IPO, is Coinbase stock a buy or sell in the current stock market rally?Read more
Tesla Q1 earnings report to put spotlight on 2021 deliveries target
Tesla (TSLA) is set to report first-quarter earnings after market close on Monday, with the results coming just weeks after the company posted record deliveries during the first three months of 2021 that handily exceeded expectations.Read more
California ending Oil extraction before 2046
California hasn't been shy about wanting to ditch oil, and that now includes oil production. Earther reports that Governor Newsom has announced plans to end oil extraction in California by 2045. Officials are still determining the exact path, but the phase-out will occur through the Climate Change Scoping Plan meant to cut greenhouse gas emissions and achieve carbon neutrality by the same year.Read more
Is It the Perfect Time to Buy Netflix Stocks?
Shares of Netflix (NASDAQ:NFLX) were hit hard earlier this week. The stock slid nearly 8% Wednesday, following the streaming-TV company's first-quarter earnings report. While the company did miss analyst estimates when it came to its subscriber growth, did Wall Street overreact by selling shares so aggressively?Read more
Don't dare Touching GameStop Before This To Happen!
Fueled by Reddit group WallStreetBets and others piling into the shares, which also caused short covering, GameStop's (NYSE:GME), shares went from about $17 at the start of the year to $483 in February. Although the stock has dropped from that level, it remains up about 800% this year.Read more
EXCLUSIVE:Thodex Crypto Exchange Goes Dark: $2B Fraud and near 400000 burned users!
ts, Thodex's CEO Faruk Fatih Özer fled to Thailand from Istanbul Airport on Tuesday afternoon with $2 billion worth of digital assets, further fueling the speculations on the fraud allegations.Read more
Biden to float Historic tax increase on INVESTMENT gains for the rich
President Joe Biden will roll out a plan to raise taxes on the wealthiest Americans, including the largest-ever increase in levies on investment gains, to fund about $1 trillion in childcare, universal pre-kindergarten education and paid leave for workers, sources familiar with the proposal said.Read more
Biden will propose higher capital gains tax on the wealthy - Stocks and Bitcoin Sinks
Stocks erased earlier gains to trade sharply lower after Bloomberg reported Thursday afternoon that President Joe Biden would propose increasing the capital gains tax rate on wealthy individuals.Read more
Thursday's Pre-market: What you need to know Before the Market Opens
US stock futures were slightly lower on Thursday after Wednesday’s bounce as investors await weekly unemployment data and COVID-19 cases continue to rise in countries like India and Japan.Read more
Coinbase in partnership with WeWork On Crypto Transactions
Coinbase Global, together with BitPay, has partnered with WeWork to help the latter accept cryptocurrency for inbound and outbound transactions and will become the first WeWork member to pay for its WeWork membership in cryptocurrency.Read more
Tesla Killer NIO wants better China-US cooperation
The billionaire founder of the Chinese electric vehicle (EV) company that's now one of the most valuable car makers in the world has called on the leaders of the US and China to develop "better trust in each other" as they try to reach a new deal on reducing carbon emissions.Read more